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NEW STATE REQUIREMENTS DRIVES CANNABIS PRICE INCREASE

NEW STATE REQUIREMENTS DRIVES CANNABIS PRICE INCREASE

The state of Michigan now requires all cannabis product to be tested before it can be sold to retail provisioning centers. The new requirements for tested products and licensed distribution has led to an increase in the wholesale price. Despite the price increase and regulatory complications, this emerging industry remains an exciting investment opportunity and an opportunity to create thousands of jobs. Since legalizing marijuana in 2014, Colorado has generated over $1 billion in revenue. Michigan is one of 11 states to legalize marijuana for medical and recreational use and as more states follow suit a demand will be created for the next wave of investment dollars. Let our specialized team help you navigate through this dynamic industry, call 248 355 1040.

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